Allen & Co. Media And Technology Conference

Allen & Co. Media And Technology Conference

Allen & Co. Media And Technology Conference

Bloomberg

Richard 'Dick' Riordan, former mayor of Los Angeles, right, walks to a morning session at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, U.S., on Saturday, July 13, 2013. Executives from media, finance and politics mingle at the mountain resort between presentations on business trends and social issues, brought together by New York investment banker Herb Allen. Photographer: Scott Eells/Bloomberg via Getty Images

Richard 'Dick' Riordan, former mayor of Los Angeles, right, walks to a morning session at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, U.S., on Saturday, July 13, 2013. Executives from media, finance and politics mingle at the mountain resort between presentations on business trends and social issues, brought together by New York investment banker Herb Allen. Photographer: Scott Eells/Bloomberg via Getty Images

TransCanada CEO Says Keystone XL Start in 2015 âDifficultâ

Bloomberg

Russ Girling, chief executive officer of TransCanada Corp., speaks during an interview in New York, U.S., on Thursday, July 18, 2013. Girling said starting the $5.3 billion Keystone XL pipeline project in the second half of 2015 will be âdifficult.â Photographer: Scott Eells/Bloomberg via Getty Images

Russ Girling, chief executive officer of TransCanada Corp., speaks during an interview in New York, U.S., on Thursday, July 18, 2013. Girling said starting the $5.3 billion Keystone XL pipeline project in the second half of 2015 will be âdifficult.â Photographer: Scott Eells/Bloomberg via Getty Images

TransCanada CEO Says Keystone XL Start in 2015 ÔDifficultÕ

Bloomberg

Russ Girling, chief executive officer of TransCanada Corp., pauses during an interview in New York, U.S., on Thursday, July 18, 2013. Girling said starting the $5.3 billion Keystone XL pipeline project in the second half of 2015 will be 'difficult.' Photographer: Scott Eells/Bloomberg via Getty Images

Russ Girling, chief executive officer of TransCanada Corp., pauses during an interview in New York, U.S., on Thursday, July 18, 2013. Girling said starting the $5.3 billion Keystone XL pipeline project in the second half of 2015 will be 'difficult.' Photographer: Scott Eells/Bloomberg via Getty Images

TransCanada CEO Says Keystone XL Start in 2015 âDifficultâ

Bloomberg

Russ Girling, chief executive officer of TransCanada Corp., speaks during an interview in New York, U.S., on Thursday, July 18, 2013. Girling said starting the $5.3 billion Keystone XL pipeline project in the second half of 2015 will be âdifficult.â Photographer: Scott Eells/Bloomberg via Getty Images

Russ Girling, chief executive officer of TransCanada Corp., speaks during an interview in New York, U.S., on Thursday, July 18, 2013. Girling said starting the $5.3 billion Keystone XL pipeline project in the second half of 2015 will be âdifficult.â Photographer: Scott Eells/Bloomberg via Getty Images

TransCanada CEO Says Keystone XL Start in 2015 âDifficultâ

Bloomberg

Russ Girling, chief executive officer of TransCanada Corp., speaks during an interview in New York, U.S., on Thursday, July 18, 2013. Girling said starting the $5.3 billion Keystone XL pipeline project in the second half of 2015 will be âdifficult.â Photographer: Scott Eells/Bloomberg via Getty Images

Russ Girling, chief executive officer of TransCanada Corp., speaks during an interview in New York, U.S., on Thursday, July 18, 2013. Girling said starting the $5.3 billion Keystone XL pipeline project in the second half of 2015 will be âdifficult.â Photographer: Scott Eells/Bloomberg via Getty Images

TransCanada CEO Says Keystone XL Start in 2015 âDifficultâ

Bloomberg

Russ Girling, chief executive officer of TransCanada Corp., speaks during an interview in New York, U.S., on Thursday, July 18, 2013. Girling said starting the $5.3 billion Keystone XL pipeline project in the second half of 2015 will be âdifficult.â Photographer: Scott Eells/Bloomberg via Getty Images

Russ Girling, chief executive officer of TransCanada Corp., speaks during an interview in New York, U.S., on Thursday, July 18, 2013. Girling said starting the $5.3 billion Keystone XL pipeline project in the second half of 2015 will be âdifficult.â Photographer: Scott Eells/Bloomberg via Getty Images

TransCanada CEO Says Keystone XL Start in 2015 âDifficultâ

Bloomberg

Russ Girling, chief executive officer of TransCanada Corp., speaks during an interview in New York, U.S., on Thursday, July 18, 2013. Girling said starting the $5.3 billion Keystone XL pipeline project in the second half of 2015 will be âdifficult.â Photographer: Scott Eells/Bloomberg via Getty Images

Russ Girling, chief executive officer of TransCanada Corp., speaks during an interview in New York, U.S., on Thursday, July 18, 2013. Girling said starting the $5.3 billion Keystone XL pipeline project in the second half of 2015 will be âdifficult.â Photographer: Scott Eells/Bloomberg via Getty Images

TransCanada CEO Says Keystone XL Start in 2015 ÔDifficultÕ

Bloomberg

Russ Girling, chief executive officer of TransCanada Corp., pauses during an interview in New York, U.S., on Thursday, July 18, 2013. Girling said starting the $5.3 billion Keystone XL pipeline project in the second half of 2015 will be 'difficult.' Photographer: Scott Eells/Bloomberg via Getty Images

Russ Girling, chief executive officer of TransCanada Corp., pauses during an interview in New York, U.S., on Thursday, July 18, 2013. Girling said starting the $5.3 billion Keystone XL pipeline project in the second half of 2015 will be 'difficult.' Photographer: Scott Eells/Bloomberg via Getty Images

TransCanada CEO Says Keystone XL Start in 2015 ÔDifficultÕ

Bloomberg

Russ Girling, chief executive officer of TransCanada Corp., pauses during an interview in New York, U.S., on Thursday, July 18, 2013. Girling said starting the $5.3 billion Keystone XL pipeline project in the second half of 2015 will be 'difficult.' Photographer: Scott Eells/Bloomberg via Getty Images

Russ Girling, chief executive officer of TransCanada Corp., pauses during an interview in New York, U.S., on Thursday, July 18, 2013. Girling said starting the $5.3 billion Keystone XL pipeline project in the second half of 2015 will be 'difficult.' Photographer: Scott Eells/Bloomberg via Getty Images

Allen & Co. Media And Technology Conference

Bloomberg

Dan Rose, vice president of business development and monetization at Facebook Inc., walks to a morning session at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, U.S., on Saturday, July 13, 2013. Executives from media, finance and politics mingle at the mountain resort between presentations on business trends and social issues, brought together by New York investment banker Herb Allen. Photographer: Scott Eells/Bloomberg via Getty Images

Dan Rose, vice president of business development and monetization at Facebook Inc., walks to a morning session at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, U.S., on Saturday, July 13, 2013. Executives from media, finance and politics mingle at the mountain resort between presentations on business trends and social issues, brought together by New York investment banker Herb Allen. Photographer: Scott Eells/Bloomberg via Getty Images

Allen & Co. Media And Technology Conference

Bloomberg

Niall Fitzgerald, deputy chairman of Thomson Reuters Corp., walks to a morning session at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, U.S., on Saturday, July 13, 2013. Executives from media, finance and politics mingle at the mountain resort between presentations on business trends and social issues, brought together by New York investment banker Herb Allen. Photographer: Scott Eells/Bloomberg via Getty Images

Niall Fitzgerald, deputy chairman of Thomson Reuters Corp., walks to a morning session at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, U.S., on Saturday, July 13, 2013. Executives from media, finance and politics mingle at the mountain resort between presentations on business trends and social issues, brought together by New York investment banker Herb Allen. Photographer: Scott Eells/Bloomberg via Getty Images

Allen & Co. Media And Technology Conference

Bloomberg

Mike Stone of Westwind Investor Management Co. Llc, walks to a morning session at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, U.S., on Saturday, July 13, 2013. Executives from media, finance and politics mingle at the mountain resort between presentations on business trends and social issues, brought together by New York investment banker Herb Allen. Photographer: Scott Eells/Bloomberg via Getty Images

Mike Stone of Westwind Investor Management Co. Llc, walks to a morning session at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, U.S., on Saturday, July 13, 2013. Executives from media, finance and politics mingle at the mountain resort between presentations on business trends and social issues, brought together by New York investment banker Herb Allen. Photographer: Scott Eells/Bloomberg via Getty Images

Allen & Co. Media And Technology Conference

Bloomberg

Michael Larson, business manager for Cascade Investment LLC, walks to a morning session at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, U.S., on Saturday, July 13, 2013. Executives from media, finance and politics mingle at the mountain resort between presentations on business trends and social issues, brought together by New York investment banker Herb Allen. Photographer: Scott Eells/Bloomberg via Getty Images

Michael Larson, business manager for Cascade Investment LLC, walks to a morning session at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, U.S., on Saturday, July 13, 2013. Executives from media, finance and politics mingle at the mountain resort between presentations on business trends and social issues, brought together by New York investment banker Herb Allen. Photographer: Scott Eells/Bloomberg via Getty Images

Allen & Co. Media And Technology Conference

Bloomberg

Niall Fitzgerald, deputy chairman of Thomson Reuters Corp., right, walks to a morning session at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, U.S., on Saturday, July 13, 2013. Executives from media, finance and politics mingle at the mountain resort between presentations on business trends and social issues, brought together by New York investment banker Herb Allen. Photographer: Scott Eells/Bloomberg via Getty Images

Niall Fitzgerald, deputy chairman of Thomson Reuters Corp., right, walks to a morning session at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, U.S., on Saturday, July 13, 2013. Executives from media, finance and politics mingle at the mountain resort between presentations on business trends and social issues, brought together by New York investment banker Herb Allen. Photographer: Scott Eells/Bloomberg via Getty Images

Allen & Co. Media And Technology Conference

Bloomberg

Gustavo Cisneros, chairman and chief executive officer of the Cisneros Group, walks to a morning session at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, U.S., on Saturday, July 13, 2013. Executives from media, finance and politics mingle at the mountain resort between presentations on business trends and social issues, brought together by New York investment banker Herb Allen. Photographer: Scott Eells/Bloomberg via Getty Images

Gustavo Cisneros, chairman and chief executive officer of the Cisneros Group, walks to a morning session at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, U.S., on Saturday, July 13, 2013. Executives from media, finance and politics mingle at the mountain resort between presentations on business trends and social issues, brought together by New York investment banker Herb Allen. Photographer: Scott Eells/Bloomberg via Getty Images